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China Petroleum & Chemical details share repurchases on Hong Kong and Shanghai exchanges

October 31, 2025 at 05:23 PM UTCBy FilingReader AI

China Petroleum & Chemical Corporation reported on its share repurchase program, detailing activities for both its H-shares and A-shares up to October 31, 2025. For H-shares, the company repurchased 3,652,000 ordinary shares on the Exchange at prices ranging from HK$4.11 to HK$4.17 per share, totaling HK$15,124,758. The total number of H-shares repurchased for cancellation but not yet cancelled as of October 31, 2025, amounted to 3,652,000 shares, representing 0.02% of the existing issued H-shares before the relevant event.

Regarding its A-shares, the company repurchased 11,400,070 ordinary shares on the Shanghai Stock Exchange at prices between RMB 5.43 and RMB 5.5 per share, with an aggregate cost of RMB 62,288,277.1. These A-shares are also intended for cancellation. The repurchased A-shares represent 0.012% of the existing number of issued A-shares before the relevant event.

The company's repurchase mandate, approved on May 28, 2025, authorized the repurchase of up to 2,404,929,260 shares. As of October 31, 2025, a total of 105,398,000 shares have been repurchased under this mandate, accounting for 0.09% of the issued shares at the time of the resolution. A moratorium period for new share issues or treasury share sales following repurchases is in effect until November 30, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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